San Francisco -- In one of the largest investments to date in the legal tech industry, San Francisco-based Casetext, a developer of artificial intelligence legal research technology for lawyers, said on Wednesday it has raised $12 million in its second round of funding. Canvas Ventures led the round, which also included participation from previous backers Union Square Ventures, 8VC and Red Sea Ventures. The company said it will use the proceeds to further develop its software platform expand its staff and bolster the capabilities of its CARA automated research assistant for lawyers. "As technology has become more ubiquitous, we see lawyers facing conflicting pressures: to spend less time researching, but also to find every precedent that could help your client win," said founder and CEO Jake Heller. "CARA enables users to carry out the most comprehensive search of the law and uncover the highest quality information possible." Law firms such as Quinn Emanuel, Fenwick & West, DLA Piper, Ogletree Deakins and Greenberg Traurig all recently have partnered with the firm to use the technology. http://www.casetext.com http://www.businesswire.com/news/home/20170322005380/en/AI-Based-Legal-Research-Firm-Casetext-Closes-12 _____________________________________________

o Bay Area Investors Take Part in New $14 Million Round for Avere Systems

Pittsburgh -- Several Bay Area venture capital firms, including Menlo Ventures, Norwest Venture Partners, Lightspeed Venture Partners and new investor Google, have taken part in a new $14 million funding round for Pittsburgh-based Avere Systems, a developer of data storage technology. Tenaya Capital and Western Digital Capital also participated in the company's fifth round, which increased its total funds raised to $97 million. Avere said it will use the proceeds to expand its hybrid cloud product offerings. The company's FXT Edge filer technology is designed to help clients integrate applications requiring file systems into the public cloud.http://www.averesystems.com http://www.averesystems.com/news-and-events/avere-systems-closes-14-million-series-e-to-expand-cloud-offerings _____________________________________________ o Newark-Based Kaiam to Acquire U.K. Manufacturing Facility from CP

Newark, Calif. -- Kaiam, a Newark-based maker of data center transceivers, said on Wednesday it will acquire the U.K. manufacturing facility of Compound Photonics (CP). As part of the deal, CP will invest in Kaiam to further develop the 300,000-square-foot facility. Kaiam said the large space will allow it to expand its datacom transceiver manufacturing capacity, while also giving it a cleanroom for processing III-V devices, including pHEMTs, HBTs, photodetectors and lasers. "This acquisition not only allows us to ramp product in the short term, but gives us access to advanced Integrated InP PICs at low cost that we will need in the long term," said CEO Bardia Pezeshki. Financial terms of the deal, expected to close in the next quarter, were not disclosed. http://www.kaiam.com http://www.businesswire.com/news/home/20170322005424/en/Kaiam-Intends-Expand-Manufacturing-Capacity-UK-Acquisition _____________________________________________

Fremont, Calif. -- Buoyed by the nation's highest median annual salary for women in computer and math occupations, Fremont ranks No. 6 in SmartAsset's newly released list of the Best Cities for Women in Tech. Washington, DC tops the list, followed by Kansas City, Mo.; Baltimore; Indianapolis; and New Orleans. There are no other Bay Area cities among the top 15. Females in technology occupations in Fremont make a median salary of $68,180 (after housing costs), and the city has seen four-year tech employment growth of 28% for women, one of the nation's highest figures. Overall, however, women make up only 27% of mathand computer jobs in Fremont and on average earn 16% less than their male counterparts. Complete details and rankings Are available at the link below. https://smartasset.com/mortgage/best-cities-women-in-tech-2017 _____________________________________________ o Briefly Noted:

Join us to get inspired and discover the future of connectivity and IoT. There's nothing more inspirational than seeing, playing and experiencing amazing IoT gadgets that have successfully gone to market and made it big. Entry is FREE and you will be able to visit the various zones including Automotive, Audio, Smart Home and Health & Fitness, test your innovations at the Testing Stations and meet a range of suppliers. For just $50 you also have access to a wide range of developer sessions as well as hear from inspirational keynotes from big brands including Garmin, Google, Zipcar and Plantronics. Register for FREE entry or purchase an 'Access all areas pass' for just $50! For more information: https://bluetoothworldevent.com _____________________________________________

> The Shifting Sands of Employee Motivation

The old "if-then motivators" of giving bonuses for the achievement of goals no longer work. Work has become too complex and is changing too rapidly for such simple formulas to be relevant and to motivate performance. Here, we summarize research on shifts in employee motivators. http://www.fairfaxcountyeda.org/bay-area-tech-wire _____________________________________________ > Director of the Department of Technology/Chief Information Officer

The City and County of San Francisco is conducting a national search for an engaging, customer-service driven executive to oversee the award-winning Department of Technology with over 220 employees and an annual operating budget of nearly $100 million. The Director of the Department of Technology/Chief Information Officer (Director of DT/CIO) is at-will management-level position reporting to the Mayor with functional reporting to the City Administrator. Interested candidates should apply by by submitting a compelling cover letter, comprehensive resume, and current salary to apply@ralphandersen.com. Confidential inquiries welcomed to Ms. Heather Renschler at (916) 630-4900. Detailed brochure available at www.ralphandersen.com. _____________________________________________ > Advertising on Bay Area Tech Wire

Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and grow your business. Reach more than 7,000 business and technology professionals from the Bay Area.http://www.bayareatechwire.com/

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